Toronto, Ontario — January 12, 2026 — Leads & Copy — KO Gold Inc. has increased the size of its previously announced non-brokered private placement due to strong investor demand.
The Private Placement was previously comprised of up to 12,000,000 units at a price of $0.15 per Unit. The Company has increased the maximum number of Units issuable at a price of $0.15 per Unit to up to 14,914,866 Units, for aggregate gross proceeds of up to $2,237,230.
Each Unit will consist of one common share of the Company and one transferable common share purchase warrant, with each Warrant entitling the holder to acquire one additional Share at an exercise price of C$0.25 for a period of three years from the date of issuance.
The Company expects to complete a first closing of the Private Placement on January 14, 2026, for aggregate gross proceeds of $1,980,475.35, representing the issuance of 13,203,169 Units (the “Initial Tranche”).
The Company expects to complete a further closing of the Private Placement (the “Second Tranche”) for aggregate gross proceeds of approximately up to $458,555, consisting of the issuance of:
(a) up to 1,711,697 Units at a price of $0.15 per Unit; and (b) up to 1,034,872 Units at a price of $0.195 per Unit.
Each Unit issued at a price of $0.15 per Unit will consist of one Share and one Warrant, with each such Warrant entitling the holder to acquire one additional Share at an exercise price of C$0.25 for a period of three years from the date of issuance.
Each Unit issued at a price of $0.195 per Unit will consist of one Share and one Warrant, with each such Warrant entitling the holder to acquire one additional Share at an exercise price of C$0.26 for a period of three years from the date of issuance.
All securities to be issued in connection with the Initial Tranche will be subject to a statutory hold period expiring on May 15, 2026, in accordance with applicable Canadian securities laws.
Completion of the Second Tranche of the Private Placement is subject to shareholder approval pursuant to the policies of the Canadian Securities Exchange, as the issuance of securities under the Private Placement would result in the issuance of securities in excess of 100% of the Company’s issued and outstanding common shares on a fully diluted basis.
The Company intends to obtain the required shareholder approval by written consent of shareholders holding a majority of the outstanding common shares of the Company, as permitted under the policies of the Canadian Securities Exchange.
Upon receipt of shareholder approval and all required regulatory approvals, the Company expects to close the Second Tranche of the Private Placement. The Private Placement is for aggregate gross proceeds of up to approximately $2,439,030, assuming completion of all tranches.
The Company intends to use the net proceeds from the Private Placement for general working capital purposes and to fund ongoing exploration and drilling programs in the Otago Gold District, New Zealand.
In connection with the Initial Tranche, the Company expects to pay finder’s fees of $28,735 in cash and expects to issue 191,567 finder’s warrants to certain qualified parties upon closing. Each Finder’s Warrant will be exercisable to acquire one common share at an exercise price of C$0.25 for a period of three years from the date of issuance, being on the same terms as the warrants issued in connection with the Initial Tranche of the Private Placement.
KO Gold is a Canadian junior exploration company listed on the CSE under “KOG”. The Company’s strategy is to acquire and explore highly prospective gold properties within the Otago Gold District in New Zealand. KO Gold presently, has four 100%-owned prospecting and exploration permits within the Otago Gold District for a combined land package of 400 km2 (including the Carrick Range exploration permit application). The Company’s Smylers, Hyde and Glenpark EPs are located adjacent to OceanaGold’s Macraes Gold Mine and the Carrick EP hosts the historic Carrick Goldfield which holds promise as a significant gold deposit near Santana Minerals’ Bendigo-Ophir Gold Project. The Company also has an NSR on three additional permits, Garibaldi, Raggedy Range, and Rough Ridge South totaling 243km2. KO Gold has spent over C$3M in exploration and drilling on its permits in the Otago Gold District over the past five years including RC and diamond drilling on its Smylers EP.
KO Gold Inc. increased the size of its non-brokered private placement due to strong investor demand, according to a press release issued Jan. 12.
The Private Placement, previously comprised of up to 12,000,000 units, now includes a maximum of 14,914,866 units issuable at $0.15 per unit, potentially raising gross proceeds up to $2,237,230.
Each unit consists of one common share and one transferable common share purchase warrant, with each warrant allowing the holder to acquire one additional share at C$0.25 for three years from issuance.
The company anticipates completing the first closing of the Private Placement on Jan. 14, expecting $1,980,475.35 in gross proceeds from the issuance of 13,203,169 units.
A further closing is expected, potentially raising approximately $458,555 through the issuance of up to 1,711,697 units at $0.15 per unit and up to 1,034,872 units at $0.195 per unit.
Securities issued in the initial tranche will be subject to a statutory hold period expiring on May 15, 2026, in accordance with Canadian securities laws.
The second tranche’s completion is contingent upon shareholder approval, as the issuance of securities would exceed 100% of the company’s outstanding common shares on a fully diluted basis.
KO Gold plans to secure shareholder approval via written consent from shareholders holding a majority of outstanding common shares.
The company intends to allocate net proceeds from the Private Placement to general working capital and to fund exploration and drilling programs within the Otago Gold District, New Zealand.
Finder’s fees of $28,735 in cash and 191,567 finder’s warrants are expected to be paid in connection with the initial tranche, with each warrant exercisable for one common share at C$0.25 for three years.
KO Gold is a Canadian junior exploration company listed on the CSE under the symbol “KOG.”
The company focuses on acquiring and exploring gold properties within the Otago Gold District in New Zealand and holds four 100%-owned prospecting and exploration permits within the Otago Gold District for a combined land package of 400 km2.
Contact:
Greg Isenor, President and CEO, Director
Tel: (902) 832-5555
Email: info@kogoldnz.com
Source: KO Gold Inc.
